Category: IC23 APPLICATIONS OF LIFE INSURANCE – 13

Que. 1 : Q1) Which assignment transfers to the assignee all rights, title and interest of the assignor in the policy and this policy vests in the assignee absolutely and forms part of his/her estate on his/her death?    1.  a) Absolute assignment    2.  b) Conditional assignment    3.      4.   Que. 2 : Q2) Which reinsurance is that kind of insurance […]